park lane developments london ltd

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park lane developments london ltd Company Information

Share PARK LANE DEVELOPMENTS LONDON LTD

Company Number

06024743

Directors

Taskin Izzet

Shareholders

taskin izzet

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

940 green lanes, london, N21 2AD

Website

-

park lane developments london ltd Estimated Valuation

£572.2k

Pomanda estimates the enterprise value of PARK LANE DEVELOPMENTS LONDON LTD at £572.2k based on a Turnover of £177k and 3.23x industry multiple (adjusted for size and gross margin).

park lane developments london ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PARK LANE DEVELOPMENTS LONDON LTD at £0 based on an EBITDA of £-1.3m and a 6.29x industry multiple (adjusted for size and gross margin).

park lane developments london ltd Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of PARK LANE DEVELOPMENTS LONDON LTD at £2.5m based on Net Assets of £1.5m and 1.68x industry multiple (adjusted for liquidity).

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Park Lane Developments London Ltd Overview

Park Lane Developments London Ltd is a live company located in london, N21 2AD with a Companies House number of 06024743. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2006, it's largest shareholder is taskin izzet with a 100% stake. Park Lane Developments London Ltd is a established, micro sized company, Pomanda has estimated its turnover at £177k with unknown growth in recent years.

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Park Lane Developments London Ltd Health Check

Pomanda's financial health check has awarded Park Lane Developments London Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £177k, make it smaller than the average company (£922k)

£177k - Park Lane Developments London Ltd

£922k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Park Lane Developments London Ltd

- - Industry AVG

production

Production

with a gross margin of 75.3%, this company has a comparable cost of product (75.3%)

75.3% - Park Lane Developments London Ltd

75.3% - Industry AVG

profitability

Profitability

an operating margin of -746% make it less profitable than the average company (29.3%)

-746% - Park Lane Developments London Ltd

29.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Park Lane Developments London Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Park Lane Developments London Ltd

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £177k, this is equally as efficient (£177k)

£177k - Park Lane Developments London Ltd

£177k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Park Lane Developments London Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Park Lane Developments London Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Park Lane Developments London Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Park Lane Developments London Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.9%, this is a lower level of debt than the average (64.6%)

40.9% - Park Lane Developments London Ltd

64.6% - Industry AVG

PARK LANE DEVELOPMENTS LONDON LTD financials

EXPORTms excel logo

Park Lane Developments London Ltd's latest turnover from March 2024 is estimated at £177 thousand and the company has net assets of £1.5 million. According to their latest financial statements, Park Lane Developments London Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover177,013168,857145,59132,089,1022,357,9912,167,2152,209,4531,884,24971,67079,2001,675,7151,689,297
Other Income Or Grants
Cost Of Sales43,73342,52136,3381523,886597,358617,896747,231615,09122,01224,165536,055524,637
Gross Profit133,281126,336109,25221,565,2161,760,6331,549,3191,462,2221,269,15749,65855,0351,139,6601,164,660
Admin Expenses1,453,86739,42717,565-74,716-1,897,1361,558,8051,720,910-287,2961,380,4171,197,36825,178-9,2581,085,6531,195,030
Operating Profit-1,320,58686,90991,68774,7161,897,1386,41139,7231,836,61581,80571,78924,48064,29354,007-30,370
Interest Payable111,896102,37867,47159,44528,96029,67261,71861,71861,75721,36421,539
Interest Receivable7460111313
Pre-Tax Profit-1,432,407-15,40824,21615,2721,868,1786,41110,0511,774,89820,08910,0323,11642,75454,021-30,357
Tax-4,601-2,902-354,954-1,218-2,010-354,979-4,219-2,307-623-8,551-15,126
Profit After Tax-1,432,407-15,40819,61512,3701,513,2245,1938,0411,419,91815,8707,7252,49334,20338,895-30,357
Dividends Paid
Retained Profit-1,432,407-15,40819,61512,3701,513,2245,1938,0411,419,91815,8707,7252,49334,20338,895-30,357
Employee Costs32,32230,37329,69327,394443,571511,446393,860390,371322,06423,97923,946280,218296,632
Number Of Employees11111720151513111212
EBITDA*-1,320,58686,90991,68774,7161,897,1386,41139,7231,836,61581,80571,78924,48064,29354,007-30,370

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,240,0002,240,000835,824835,824835,824
Intangible Assets
Investments & Other2,240,0002,240,0002,240,0002,240,0002,240,0002,240,000835,824835,824835,824
Debtors (Due After 1 year)
Total Fixed Assets2,240,0002,240,0002,240,0002,240,0002,240,0002,240,0002,240,0002,240,000835,824835,824835,824835,824835,824835,824
Stock & work in progress
Trade Debtors236,868236,870225,263216,599196,391180,322180,322
Group Debtors
Misc Debtors302,012318,920337,260314,010252,664180,322180,322
Cash2,83713741,4075,391
misc current assets1
total current assets302,012321,757337,261314,011252,664236,868236,870225,263216,599196,765180,322181,729180,322185,713
total assets2,542,0122,561,7572,577,2612,554,0112,492,6642,476,8682,476,8702,465,2631,052,4231,032,5891,016,1461,017,5531,016,1461,021,537
Bank overdraft10,00010,0004,7251,216
Bank loan
Trade Creditors 125,38730,58226,91633,99430,03015,2988,188
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities49,05933,87832,31828,81729,83920,09621,256
total current liabilities59,05943,87837,04328,81729,84025,38730,58226,91633,99430,03021,31221,25615,2988,188
loans981,283987,978994,909999,500949,500949,500949,500949,500949,500949,500
hp & lease commitments
Accruals and Deferred Income
other liabilities949,500949,5003,956992,2101,043,606
provisions
total long term liabilities981,283987,978994,909999,500949,500949,500949,500949,500949,500949,500949,500953,456992,2101,043,606
total liabilities1,040,3421,031,8561,031,9521,028,317979,340974,887980,082976,416983,494979,530970,812974,7121,007,5081,051,794
net assets1,501,6701,529,9011,545,3091,525,6941,513,3241,501,9811,496,7881,488,84768,92953,05945,33442,8418,638-30,257
total shareholders funds1,501,6701,529,9011,545,3091,525,6941,513,3241,501,9811,496,7881,488,84768,92953,05945,33442,8418,638-30,257
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-1,320,58686,90991,68774,7161,897,1386,41139,7231,836,61581,80571,78924,48064,29354,007-30,370
Depreciation
Amortisation
Tax-4,601-2,902-354,954-1,218-2,010-354,979-4,219-2,307-623-8,551-15,126
Stock
Debtors-16,908-18,34023,25061,346252,664-211,6078,66420,20816,069180,322
Creditors-11-5,1953,666-7,0783,96430,030-15,2987,1108,188
Accruals and Deferred Income15,1811,5603,501-1,02229,839-20,096-1,16021,256
Deferred Taxes & Provisions
Cash flow from operations-1,288,497106,80967,3379,4451,319,36029,7721,465,89461,34263,34722,69761,70045,991-202,504
Investing Activities
capital expenditure-2,240,000835,824-835,824
Change in Investments2,240,000-2,240,0001,404,176835,824
cash flow from investments-2,240,000-1,404,176-835,824
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-6,695-6,931-4,59150,000949,500-949,500949,500
Hire Purchase and Lease Commitments
other long term liabilities949,500-3,956-988,254-51,3961,043,606
share issue1,404,176100-100100
interest-111,822-102,318-67,471-59,445-28,960-29,672-61,718-61,717-61,756-21,364-21,5391313
cash flow from financing1,285,659-109,249-72,062-9,445920,640-29,772-61,718-61,717-61,756-25,320-60,293-51,3831,043,719
cash and cash equivalents
cash-2,8372,837-11-374374-1,4071,407-5,3915,391
overdraft5,2754,725-1,2161,216
change in cash-2,837-2,438-4,7261-3741,590-2,6231,407-5,3915,391

park lane developments london ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Park Lane Developments London Ltd Competitor Analysis

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Perform a competitor analysis for park lane developments london ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N21 area or any other competitors across 12 key performance metrics.

park lane developments london ltd Ownership

PARK LANE DEVELOPMENTS LONDON LTD group structure

Park Lane Developments London Ltd has no subsidiary companies.

Ultimate parent company

PARK LANE DEVELOPMENTS LONDON LTD

06024743

PARK LANE DEVELOPMENTS LONDON LTD Shareholders

taskin izzet 100%

park lane developments london ltd directors

Park Lane Developments London Ltd currently has 1 director, Mr Taskin Izzet serving since Dec 2006.

officercountryagestartendrole
Mr Taskin IzzetUnited Kingdom49 years Dec 2006- Director

P&L

March 2024

turnover

177k

+5%

operating profit

-1.3m

0%

gross margin

75.3%

+0.64%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.5m

-0.02%

total assets

2.5m

-0.01%

cash

0

-1%

net assets

Total assets minus all liabilities

park lane developments london ltd company details

company number

06024743

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

December 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

GRAEME BRUCE & PARTNERS LLP

auditor

-

address

940 green lanes, london, N21 2AD

Bank

-

Legal Advisor

-

park lane developments london ltd Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 5 charges/mortgages relating to park lane developments london ltd. Currently there are 4 open charges and 1 have been satisfied in the past.

park lane developments london ltd Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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park lane developments london ltd Companies House Filings - See Documents

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